991 Lake StAddison, IL 60101

For Sale
$350,000

Prime 0.64-acre commercial lot, B-2 zoning.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 0.64-acre commercial land parcel, located at 991 E Lake St in Addison, Illinois (zip code 60101), presents a unique investment opportunity. Situated in DuPage County, this property boasts excellent visibility on Lake Street (US Hwy 20) and enjoys easy access to I-290 via Kingery Highway (IL-83). The site is zoned B-2 within the Village of Addison and is ideally suited for the development of an office or retail building up to 2,300 square feet. All utilities are available on-site, including Village of Addison water and sewer services. A significant advantage is the property's adjacency to a brand new WoodSpring Suites extended-stay hotel, which opened in Summer 2019, ensuring high traffic and visibility. This property is offered for sale, and owner/developer financing is available. Furthermore, the developer is prepared to provide comprehensive support, including architectural and design services, planning assistance, and construction services, making this a turnkey opportunity for investors seeking a hassle-free development experience. The asking price for this prime commercial land is $350,000.

Highlights

  • $350,000 asking price.
  • 0.64-acre commercial land parcel.
  • B-2 zoning in Addison, IL.
  • Excellent visibility on Lake Street (US Hwy 20).
  • Easy I-290 access via IL-83.
  • Adjacent to a new hotel.

Property Details for 991 Lake St

Property type
Other retail properties, Other land
Lot Size (sq. ft)
27,878 SF

Location Insight

City
Addison
County
DuPage
State
Illinois
Latitude
41.924735
Longitude
-87.9693135
991 Lake St, Addison, Illinois

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991 Lake St
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